2, WEMBLEY AVENUE, PENWORTHAM, PRESTON, PR1 9UY - £312,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WEMBLEY AVENUE is a large extended detached house of 145m², built sometime between 1900 and 1929. It was last sold for £312,000 in August 2018, which was around 24% above the average August 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 WEMBLEY AVENUE Sold Prices

Land registry data shows four sales for 2 WEMBLEY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the four 2 WEMBLEY AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 14 AUG	£312,000	£251,145	24% above HPI
2017 18 SEP	£295,000	£250,458	18% above HPI
2015 1 OCT	£225,000	£227,388	1% below HPI
2009 24 FEB	£250,000	£197,800	26% above HPI

2 WEMBLEY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 2 WEMBLEY AVENUE sales between February 2009 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 WEMBLEY AVENUE?

2 WEMBLEY AVENUE is 145m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 2 WEMBLEY AVENUE lies on this distribution: 76% of detached houses are smaller than 2 WEMBLEY AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 WEMBLEY AVENUE: Plot and Title Map

2 WEMBLEY AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 WEMBLEY AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 WEMBLEY AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 WEMBLEY AVENUE?

2 WEMBLEY AVENUE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on WEMBLEY AVENUE.